Senate News

It comes on the same day Oklahoma’s Strategic Bitcoin Reserve Act passed the State House of Representatives, bringing a reserve one step closer to potential enactment.

Executive orders can be repealed by future US presidential administrations just as quickly and easily as they were established.

The North Dakota House had passed a crypto ATM bill with looser user transaction limits, but the state’s Senate has tightened that to $2,000 a day.

The Senate Banking Committee's bipartisan approval of the GENIUS Act means stablecoin legislation could arrive at the president's desk in a matter of months, according to Bo Hines.

US President Donald Trump’s SEC chair nominee, Paul Atkins, is inching closer toward becoming the SEC’s new leader, with a Senate hearing reportedly planned for March 27.

House Financial Services Committee Chairman French Hill applauded the overturning of the DeFi broker rule, calling it “a clear example of government overreach” that threatened the country’s crypto development.

Stablecoin firm Paxos is worried that the adoption of its USDG stablecoin may be affected by global regulatory arbitrage related to stablecoins.

Dick Durbin told the story of one of his constituents being scammed on the Senator floor before introducing the Crypto ATM Fraud Prevention Act.

The Wyoming Highway Patrol Association has adopted the Proof of Workforce’s “Get Off Zero” initiative and is reportedly exploring adding Bitcoin to its balance sheet.

House Financial Services Committee Chairman French Hill said they would work with the Trump administration to deliver dollar-backed stablecoins for Americans.

Now under a Republican-controlled US Congress, the Senate Banking Committee focused its efforts on addressing claims the government “bullied” banks into halting services to crypto firms.

Utah’s Bitcoin reserve bill could be the first of its kind to pass at the state level in the US because of its shorter legislative window to decide on bills, says a Bitcoin advocate.

Lawyers for Cynthia Lummis filed an amicus brief as part of Coinbase’s appeal over a ruling in its case with the SEC, claiming the commission “flouts” its enforcement authority.

The Republican Party now has control over the United States Senate, the Executive Branch, and the House of Representatives.

The Wyoming senator introduced the Strategic Bitcoin Reserve Act to the US Senate in July 2024, following the Bitcoin 2024 conference.